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So, how's the real estate market?
"Sooooo, how is the market?" I love it when people ask me that question. And they ask it all the time! The answer is always the same for me... at first.
First, it depends if you're buying or selling. On the buying side, mortgage interest rates are still at, and have been my entire career (10 years), all-time historical lows. Reform (the good kind) prevents a heck of a lot more crap lending from happening as compared to 10 years ago. And things are pretty affordable around here (even with recent sales price hikes) as compared to the rest of the nation.
"Good" could be an understatement. Things are really pretty freaking awesome!
On the seller side it's even better than freaking awesome. Sellers are getting multiple offers in days. Enough said.
What qualifies me to answer this "How's the market?" question with facts, honesty and ease? I've lived here all my life. I serve both buyers and sellers in the Dallas/Fort Worth metro area. I'm a broker-owner with a small firm in D/FW with agents all over town. And I serve on a professional committee at the state association level. So I'm very familiar with this market and can answer any real estate related ... more
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